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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Meethaq launches new financing offer with special profit rates for retail customers

Sami Bait Rashid, Assistant General Manager – Meethaq Personal Banking
Sami Bait Rashid, Assistant General Manager – Meethaq Personal Banking
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MUSCAT: Meethaq Islamic banking from Bank Muscat has launched a number of exclusive financing offers with highly competitive profit rates as part of its customer-centric strategy of offering maximum financial benefit to its customers. The special profit rate is applicable on a number of financing products including home finance, auto finance, personal finance, education finance, marriage finance, travel finance, and takeover finance. Meethaq customers are eligible for up to 80 per cent financing for home or auto financing, while 100 per cent financing is available for travel, marriage, education and personal goods finance. Applications may be submitted at any of Meethaq’s 24 state-of-the-art branches across the Sultanate. The special rate is available for Omanis and expatriates working in governmental / quasi-government institutions as well as Tier 1 and Tier 2 companies. Customers will benefit from the minimal documentation and quick processing of their applications.


Sami Bait Rashid, Assistant General Manager – Meethaq Personal Banking, said: “Meethaq is well known for its keen efforts to offer various services and customer value propositions aligned to the needs of its large and growing family of customers in the Sultanate as well as the latest global financial trends. We would like to extend our sincere appreciation and support to all our valued customers for their strong confidence and belief in Meethaq, and hope to facilitate the achievement of their dreams through our innovative and customer-centric services and facilities.”


Meethaq, which has established the largest Islamic network in Oman consisting of 24 branches and a dedicated network of over 40 ATMs and CDMs across the sultanate, also provides free access to more than 740 plus ATMs and CDMs of Bank Muscat across the country so that customers can conduct their banking transactions easily and conveniently. It has adopted the best global practices in Islamic banking and finance to combine a robust model, which protects customers and complements the Islamic banking industry. Every Meethaq product goes through the process of Shari’a compliance certification by the Shari’a Supervisory Board and is created in line with the guidelines of the Central Bank of Oman.


With a strong commitment to offer a world-class Islamic banking experience to customers across the country, Meethaq’s achievements have been well recognised with it winning a number of prestigious awards over the years. In 2021, Meethaq was recognised as Oman’s Most Trusted Brand for Islamic banking by Apex Media, while in 2019, it was recognised as the Best Islamic Bank in Oman by Islamic Finance News.


Please go to https://www.meethaq.om/en/consumerfinancing/Pages/default.aspx or call on 24656666 for more details on Meethaq financing options.


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